Canberra developers call for review of parking requirements

Following our recent post on the establishment of the
Car Parking Advisory Committee to review changes to the car parking provisions
(refer to our previous article here), Canberra is the latest Australian city to be
reconsidering their minimum parking requirements.

are offering lower priced residential units and less traffic congestion in
return for fewer car parking spaces on housing projects in inner suburbs.

According to The Canberra Times, Hindmarsh, a residential developer, will cut
the price of new units if allowed to provide 32 fewer car park spaces in a
201-unit medium-density project in Woden Town Centre. Hindmarsh wants one
parking space for every unit and flexibility to meet market demand, and claims
that the reduction in parking spaces will help change peoples’ attitudes
towards private car ownership and support Canberra’s Sustainable Transport

The ACT Greens and Property Council back the move, saying people should not be
forced to pay for parking they don’t need. The resulting saving of around
$30,000 to $40,000 per space would be reflected in a reduced price for the
units passed on to the buyers.

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